B.C. – Natural Resources Canada ISO 50001 Implementation Incentive
The B.C. Ministry of Energy and Mines and Natural Resources Canada (NRCan) have joined together to offer up to $80,000 of cost-shared assistance to B.C. industrial companies to implement energy management system projects that help facilities to comply with CAN/CSA-ISO 50001.
This program is a component of the Ministry’s Innovative Clean Energy (ICE) Fund, designed to support the B.C. government’s energy, economic, environmental and greenhouse gas reduction priorities and advance B.C.’s clean energy sector.
Good for Business and the Environment
Implementing an energy management system, such as the ISO 50001 Energy Management Systems Standard, allows organizations to establish the systems and processes they need to take a systematic approach to achieve continual improvement of energy performance. Companies that have implemented energy management system projects have reduced energy costs and increased business competitiveness while minimizing greenhouse gas emissions and other environmental impacts.
What Incentives Are Available?
Energy Management System Projects
Funds are available to cover 75% of total costs up to $80,000* for
- Development of an energy baseline
- Energy use assessment
- Energy performance monitoring and reporting
- Professional and technical service fees
- Professional training
- Salaries of internal employees for work related to the implementation of energy management projects
- Purchase of instrumentation, software and metering equipment**
* Funding is contingent on the facility implementing a new or enhancing an existing energy management system as part of the project proposal. Incentives may be stackable with other funding sources - inquire before submitting your project proposal.
** Instrumentation, software and metering equipment funding is capped at 25% of costs up to $40,000.
Eligible projects will be determined on a first-come, first-served basis.
- Develop a project proposal using NRCan guidelines
- Submit your proposal to the B.C. Ministry of Energy and Mines and NRCan
- B.C. Ministry of Energy and Mines and NRCan review proposal
- If accepted, NRCan will contact you to establish a contribution agreement.
NOTE: Work cannot start until an agreement is reached
When Will I Receive the Funds?
- You arrange for implementation and pay all related costs
- When the project is completed, submit a reimbursement claim with your final report to NRCan for review and approval
- When your claim is approved, NRCan will issue a reimbursement cheque